Otello Corporation ASA

Remuneration Information • Jun 12, 2017

Exercise of employee share options

Exercise of employee share options

A participant in the Company's share option program has on June 9th 2017

exercised 17 500 options. No primary insiders exercised options. 17 500 options,

which all expired, with a strike price of NOK 8.40 were settled in cash. The

payment has been determined based on an average share price on June 9th of NOK

31.57 per share.

Petter Lade, CFO

Phone: +47 91143878

E-mail: petterl@opera.com

(petterl@opera.com)About Opera:

Opera holds shares in several different businesses, including AdColony which

helps publishers monetize their content through advertising and advertisers

reach the audiences that build value for their businesses, capitalizing on a

global consumer audience reach that exceeds 1.5 billion; Opera Apps and

Games(Bemobi); "Performance & Privacy" (Skyfire and Surfeasy); and Opera TV.